Increase in Business Volume and Core Business Revenue Leads to Impressive Increment in Net Profit of Ganapati Maghubitta in Q4
Tue, Aug 3, 2021 5:56 AM on Latest, Company Analysis,
Ganapati Laghubitta Bittiya Sanstha (GMFBS) has published its fourth-quarter report of FY 2077/2078 with an increase in Net Profit by 75.91%. As per the report published by the company, the net profit increased to Rs. 4.21 crores as compared to Rs. 2.39 crores in the corresponding quarter of the previous year.
The borrowings of the company increased to Rs. 1.02 Arba which was Rs. 86.59 crores in the corresponding quarter of the previous year. The company’s loans and advances increased to Rs. 1.54 Arba in this quarter.
The net interest income (core revenue) has increased by 40.75% to Rs. 13.25 crores compared to Rs. 9.41 crores in the corresponding quarter of the previous year.
The paid-up capital of the company increased to Rs. 12.73 crores in this quarter and its reserve and surplus stood at Rs. 5.63 crores which is an increase of 73.36%.
Its annualized earnings per share (EPS) stand at Rs. 33.08. The net worth per share increased to Rs. 144.28. At the time of report preparation, the company traded at a P/E multiple of 53.81 times.
Financial Highlights:
|
Particulars |
Ganapati Laghubitta Bittiya Sanstha Limited |
||
|---|---|---|---|
|
Q4, 2077/2078 |
Q4, 2076/2077 |
Difference |
|
|
Paid-Up Capital |
127,356.75 |
110,745.00 |
15.00% |
|
Reserve & Surplus |
56,388.85 |
32,526.12 |
73.36% |
|
Borrowings |
1,024,786.66 |
865,901.77 |
18.35% |
|
Deposits |
419,742.29 |
303,932.83 |
38.10% |
|
Loans & Advances |
1,545,306.32 |
1,276,031.86 |
21.10% |
|
Net Interest Income |
132,507.06 |
94,146.52 |
40.75% |
|
Provision for possible Losses |
31,816.64 |
25,898.40 |
- |
|
Write Back of Provision |
17,916.09 |
6,761.22 |
- |
|
Net Profit |
42,131.23 |
23,950.58 |
75.91% |
|
Capital Adequacy (%) |
12.24% |
11.94% |
- |
|
NPL (%) |
2.35% |
1.77% |
- |
|
Cost of fund (%) |
6.80% |
9.12% |
- |
|
EPS (Rs.) |
33.08 |
21.63 |
- |
|
Net worth per share (Rs.) |
144.28 |
129.37 |
- |
|
Qtr end PE ratio (Times) |
53.81 |
- |
- |
|
Qtr End Market Price |
1780 |
- |
- |
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